16, GREYFRIARS DRIVE, BROMSGROVE, B61 7LF - £633,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 GREYFRIARS DRIVE is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £633,000 in January 2018, which was around 60% above the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

16 GREYFRIARS DRIVE Sold Prices

Land registry data shows three sales for 16 GREYFRIARS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 16 GREYFRIARS DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 17 JAN	£633,000	£395,311	60% above HPI
2003 24 OCT	£430,000	£255,342	68% above HPI
2002 28 JUN	£410,000	£196,320	109% above HPI

16 GREYFRIARS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 16 GREYFRIARS DRIVE sales between June 2002 and January 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2003 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the January 2018 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 16 GREYFRIARS DRIVE?

16 GREYFRIARS DRIVE is 172m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 16 GREYFRIARS DRIVE lies on this distribution: 89% of detached houses are smaller than 16 GREYFRIARS DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

16 GREYFRIARS DRIVE: Plot and Title Map

16 GREYFRIARS DRIVE sits on a plot of roughly 0.306 of an acre, or 1,239m². The below map shows the location of 16 GREYFRIARS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 GREYFRIARS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 GREYFRIARS DRIVE?

16 GREYFRIARS DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 16 on GREYFRIARS DRIVE.